Chesapeake Energy (EXE) Set to Announce Quarterly Earnings on Tuesday

Chesapeake Energy (NASDAQ:EXE) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Chesapeake Energy (NASDAQ:EXE) last released its quarterly earnings results on Monday, July 29th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Chesapeake Energy had a net margin of 8.68% and a return on equity of 4.00%. The firm had revenue of $378.00 million during the quarter, compared to the consensus estimate of $556.35 million. On average, analysts expect Chesapeake Energy to post $1 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Chesapeake Energy Stock Performance

NASDAQ:EXE opened at $84.79 on Monday. Chesapeake Energy has a fifty-two week low of $69.12 and a fifty-two week high of $93.58. The stock has a market capitalization of $11.13 billion, a PE ratio of -146.19 and a beta of 0.47. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 0.19.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on EXE shares. Stephens raised their price target on shares of Chesapeake Energy from $84.00 to $85.00 and gave the company an “equal weight” rating in a report on Thursday, October 17th. Citigroup raised their price target on shares of Chesapeake Energy from $90.00 to $97.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Roth Capital upgraded shares of Chesapeake Energy to a “strong-buy” rating in a report on Friday, September 27th. Finally, UBS Group lifted their target price on shares of Chesapeake Energy from $85.00 to $89.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 8th.

About Chesapeake Energy

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.